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Jet2 PLC ( (GB:JET2) ) has shared an announcement.
Jet2 plc has continued executing its up to £100 million share buyback programme with the repurchase of 52,951 ordinary shares on 18 February 2026 at a volume-weighted average price of £13.0337. The company plans to cancel these shares, a move that will reduce the number of shares in issue and may enhance earnings per share and capital returns for investors, underscoring management’s confidence in the group’s financial position and long-term prospects.
The latest tranche of buybacks was carried out by Jefferies International across multiple trading venues, including AIM and various alternative exchanges, within a tight intraday price range between £12.86 and £13.15. This incremental execution strategy supports liquidity while steadily progressing the programme, signaling ongoing commitment to shareholder value in a competitive European leisure travel market.
The most recent analyst rating on (GB:JET2) stock is a Buy with a £1371.00 price target. To see the full list of analyst forecasts on Jet2 PLC stock, see the GB:JET2 Stock Forecast page.
Spark’s Take on GB:JET2 Stock
According to Spark, TipRanks’ AI Analyst, GB:JET2 is a Outperform.
Jet2 PLC’s strong financial performance, strategic growth initiatives, and undervaluation relative to peers are significant strengths. The company’s robust earnings call and proactive corporate events, such as the share buyback program, further enhance its investment appeal. However, concerns about cash flow and rising operational costs slightly temper the overall outlook.
To see Spark’s full report on GB:JET2 stock, click here.
More about Jet2 PLC
Jet2 plc is a UK-based leisure travel group operating in the tourism and airline sector, focused on providing package holidays and low-cost flights to popular holiday destinations. The company targets value-conscious leisure travelers and competes with other European short-haul carriers and tour operators in the mass-market holiday segment.
Average Trading Volume: 612,775
Technical Sentiment Signal: Hold
Current Market Cap: £2.41B
See more insights into JET2 stock on TipRanks’ Stock Analysis page.